AQR Capital Management, LLC has filed a Form 8.3 Opening Position Disclosure with the Irish Takeover Panel, revealing a combined interest of 1.60% in DCC Energy plc as at 12 November 2026. The filing, made on 13 November 2026, is required under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which obliges any person holding 1% or more in relevant securities of an offeree to disclose their position publicly. The disclosure confirms AQR also holds a small short position of 0.04% in DCC Energy plc's €0.25 ordinary shares. Investors tracking the DCC Energy takeover situation may note this as a significant institutional position from one of the world's largest quantitative investment managers.

Key Points

  • AQR Capital Management, LLC — filing relates to DCC Energy plc (DCC)
  • AQR has disclosed a total interest of 1,365,551 shares, representing 1.60% of DCC Energy plc's relevant securities as at 12 November 2026
  • AQR purchased 7,238 equity shares at £64.5772 per unit; total short positions stand at 36,091 shares, or 0.04%
  • Investors should watch for further Rule 8.3 disclosures as the takeover process for DCC Energy plc develops

AQR Capital Management's 1.60% Interest Broken Down Across Owned Securities and Cash-Settled Derivatives

The Form 8.3 disclosure sets out that AQR Capital Management holds its aggregate 1.60% interest in DCC Energy plc across two categories. The firm directly owns or controls 635,929 ordinary shares, equating to 0.74% of the relevant class, and holds a further 729,622 shares through cash-settled derivatives, representing 0.85%. No stock-settled derivatives or agreements to purchase or sell were reported. On the short side, AQR disclosed 30,063 shares held short outright (0.04%) and an additional 6,028 shares in cash-settled short derivatives (0.01%), bringing total short positions to 36,091 shares at 0.04%.

AQR Purchases 7,238 DCC Energy Shares at £64.5772 Each on 12 November 2026

The dealing section of the disclosure confirms that AQR Capital Management purchased 7,238 equity shares in DCC Energy plc at a price of £64.5772 per unit, with the transaction dated 12 November 2026. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported alongside this equity purchase. The announcement states no indemnity arrangements, options, or agreements relating to voting rights or future acquisition of relevant securities exist between AQR and any party to the offer or persons acting in concert. The contact named in the disclosure is Henry Parkin, reachable on the telephone number provided in the filing.

Irish Takeover Panel Rule 8.3 Obligations Triggered by DCC Energy plc Offer Situation

Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022 requires any person with an interest of 1% or more in the relevant securities of an offeree company to make a public opening position disclosure and to continue reporting any subsequent dealings. DCC Energy plc is named as the offeree in this form, and the disclosure confirms this is a cash offer situation, with field 1(f) marked "N/A", indicating no disclosures are being made in respect of any other party to the transaction. No supplemental Form 8 was attached to this filing.